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4.8

UK advisers warn family business inheritance tax raid could double handover bills

UK Chancellor John Healey is reportedly considering taxing business transfers to children as income, potentially nearly doubling the tax bill for family firms. Advisers warn this could deter succession and harm the economy. The proposal is under consideration, with no final decision confirmed.

CityAM1 day agoGBengCredibility 30%View source

Score Breakdown

Mosaic Score4.8
Model confidence0.5
Significance0.5
Source credibility0.3

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United Kingdomcountry
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